Clarification regarding GST rates and classification
Based on the recommendations of the GST Council in its 48th meeting held on 17th December 2022, clarifications, with reference to GST levy, related to the following are being issued through Circular No. 189 & 190 : Clarification regarding GST rates and classification of certain goods: Particular HSN/Exemption Entry GST RATE COMPENSATION CESS RAB 1702 […]
Module wise new functionalities deployed in December,2022
Various new functionalities are implemented on the GST Portal, from time to time, for GST stakeholders. These functionalities pertain to different modules such as Registration, Returns, Advance Ruling, Payment, Refund and other miscellaneous topics. PDF of Functionalities deployed for the month of December,2022 is attached herewith for your ready reference. Disclaimer: This Article is only […]
Guidelines for difference in Input Tax Credit (ITC) availed in FORM GSTR-3B as compared to reported in FORM GSTR-2A for FY 2017-18 and 2018-19
Section 16 of the Central Goods and Services Tax Act, 2017 (hereinafter referred to as “CGST Act”) provides for eligibility and conditions for availing Input Tax Credit (ITC). During the initial period of implementation of GST, during the financial years 2017-18 and 2018-19, in many cases, the suppliers have failed to furnish the correct details […]